REI Lense

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$7,120 (target)

6000 Crain St, Morton Grove, IL 60053

3 beds • 2 baths • 1364 sqft

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This property could be a profitable Mid-Term investment with a projected 11.03% first-year return on $123k initial cash invested.

11.03%

Cash On Cash

9.37%

Cap Rate

1.57

DSCR

$7,120

Rent

$1,130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,120 income − $5,990 expenses = $1,130 cash flow

Income$7,120Mortgage P&I$2,48835%Property Taxes$90613%Insurance$1752%Management$85412%CapEx$2854%Vacancy$2143%Maintenance$2854%Other$78311%Cash Flow$1,130

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$7,120

Total Expenses

$5,990

Mortgage P&I

35%

$2,488

Property Taxes

13%

$906

Home Insurance

2%

$175

HOA

0%

$0

Property Management

12%

$854

CapEx

4%

$285

Vacancy

3%

$214

Maintenance

4%

$285

Other

11%

$783

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